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Facebook takes on Amazon with online shopping venture

Posted on May 20, 2020 by Xordac Prime
The Facebook app displayed on the screen of an iPhone.

Enlarge / The Facebook app displayed on the screen of an iPhone. (credit: Fabian Sommer | picture alliance | Getty Images)

Facebook is hoping that its 2.6 billion users will begin shopping on its platform, as it unveiled a service that puts it in direct competition with Amazon and eBay.

“Facebook Shops” will allow sellers to create digital storefronts on Facebook or Instagram, the company said on Tuesday, adding that it would benefit by gathering valuable data on what shoppers want.

Users will be able to browse products, message businesses to arrange purchases, and in some cases buy them directly via a recently introduced online checkout feature.

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Source: Ars Technica – Facebook takes on Amazon with online shopping venture

This entry was posted in Ars Technica, Unfiltered RSS and tagged Ars Technica by Xordac Prime. Bookmark the permalink.
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